Kenneth L Maddy Institute

Analysis

Kenneth L Maddy Institute is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Kenneth L Maddy Institute reported income of $309k and spending of $386k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $212k to $309k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2024, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kenneth L Maddy Institute sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Barstow College Foundation ($309k), Trinity Global College Inc ($309k) and Dallas Urban Debate Alliance ($309k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $32k (8.2% of expenses). Other salaries and wages came to $81k. At year end it held assets of $1.4m against liabilities of $105k, net assets of $1.3m. It reported 2 employees.